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Why Stockholm has so many billion-dollar tech firms

Besides that, a new government report indicates that established successful start-ups and entrepreneurs invest in new business ideas, both with cash and experience, which has created a unique eco-system. “The founders of many of those companies have in many cases met on previous jobs or in educational contexts,” the report reads, adding: “The dynamics of the eco-system is based on mobility and links between individuals and companies and organizations.” What’s more, the start-up scene has also created a pool of talent where people interact and together start new companies. It creates a positive circle; more start-ups attract even more talent.

 

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